Romanian natural gas producer Romgaz announced that the exclusivity agreement regarding the negotiations on the acquisition of ExxonMobil’s 50 % stake in Neptun Deep perimeter in…
Speaking at the energy conference, CEO of Nova Power & Gas Mircea Bica said that the company is developing a 123 MW cogeneration plant, with electricity…
The shareholders of Romanian natural gas producer Romgaz are to approve the company’s development strategy for the 2021-2030 period. Romgaz’ strategic objectives are to reduce carbon…
The Romanian Government adopted an emergency ordinance on regulating the budgetary measures and establishing the compensation scheme for electricity and natural gas consumption for the 2021-2022…
Romanian artificial fertilizer producer Azomures and the largest natural gas consumer in the country currently operates at half production capacity due to high gas prices. The…
Independent Bulgarian Energy Exchange (IBEX) informs that it has successfully completed the first phase of tests with market participants for the day -ahead market coupling with…
According to the National Recovery and Resilience Plan (PNRR) agreed with the European Commission, Romania will gradually shut down its entire coal-fired capacity of 4.59 GW…
Romanian National Regulatory Authority for Energy (ANRE) has launched an investigation into 26 electricity traders for alleged market manipulations aimed at artificially increasing electricity prices. If…
Romanian electricity producer Nuclearelectrica, the operator of the country’s sole nuclear power plant Cernavoda, targets a 40 % higher net profit for 2021, compared to the…